Elbows-Up Economics

If you want to succeed as a Canadian, do as our own Prime Minister did as well and and leave the country. 

Emigration—when a Canadian citizen or permanent resident permanently relocates to another country—is reaching historic levels. There were 14.53K emigrants in Q1 2026, up 0.94% from last year. The volume for Q1 outflows has climbed 81.7% in the past 5 years, and has more than doubled in the past 10 years (107.1%). Needless to say, Ontario has never seen such a mad dash to leave.   

Canadians Are Leaving At A Record Pace—and Half Are From Ontario - Better Dwelling

Note to former subscribers: Several of our final recommendations — Canadian Utilities, Enbridge, Pembina Pipeline, ATCO, and Bank of Nova Scotia — continue to reach new all‑time highs. All five are now in expensive territory, yet we are not suggesting selling. These remain long‑term holds, and each is likely to raise its dividend again over the next 12 months. Based on their current yields and consistent payout growth, I’m not aware of anywhere else we can earn comparable long‑term returns.

The Toronto Stock Exchange is currently trading at just under 22 times earnings. Since 1954, the market’s price‑to‑earnings ratio has typically ranged between 13 and 15 times earnings. In other words, the TSX is trading roughly 30% above its long‑term average. Let the market come to you. 

 

Elbows-up Economics

Canada leads the world in self destruction! You would think Canadians would learn after Trudeau's first term. But nope. Liberal leadership kills more brain cells than crack cocaine. Note Canada's days of glory peaked under PM Harper. 

At least Brookfield is doing well!

Carney's inability to steer Canada towards prosperity really does make one question if an Ivy League university is really worth the money. Unless of course, you use it to purposely destroy an economy for personal gain. If that is the case, such an education is well worth the money. Doing a quick browse of Better Dwelling today and the page was full of news supporting Elbow-up Economics. Good job Carney Marx. 

This Week’s Top Stories: Canada’s Epic Housing Crash, Insolvencies Soar - Better Dwelling